In a rising interest rate environment in 2023, SouthBank Legal successfully represented lenders and borrowers in a range of traditional financing transactions, from commercial bank debt financings to equity financings of start-up and early-stage companies. With costs of capital more expensive in 2023, we also assisted with more creative financing structures, such as rollover equity with put/call rights, seller and mezzanine loans, New Market Tax Credits, and non-dilutive federal R&D awards.